DECA Prep!

The day-to-day running of the business, which may include: scheduling, logistics, safety, ect.

a form of risk management know as risk transfer

the cash payment of profits from a corporation to its shareholders

Environmental scan factors that are analyzed include all EXCEPT

Resources including money, buildings, or equipment that is used to run a business

uses data to make management decisions

is a way to manage the employees of a business

Income Statements are the cash payments for profits from a corporation to its shareholders

a system to manage and control a business's finances

Insurance companies cover the potential loss of property or people

Occurs when one steals funds or information from another person and applies for credit

the process of planning, pricing, promoting, selling and distributing products

the analysis of outside sources that could impact the business environment

involves guiding a group or business toward their goals

With insurance businesses can transfer thier risk to the insurance company

is the fee paid for borrowing money

the way a business plans to handle any insurable or non-insurable risks they may encounter

a statement of a business's assets, liabilities and owners equity

the amount of an item producers are willing to produce and sell at a given price

A statement of a business's income and expenses over a period of time, such as one month or yr

are a way for the government to borrow money from the people

a monthly statement that shows when cash will go into and go out of a business

includes overseeing the revenue, expenses, budgets and financial statements of a business